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<br /> <br /> <br />Councilmember Strommen introduced the following resolution <br /> <br />RESO~UTION#07-07-166: <br /> <br />RESOLUTION APPROVING 11TH . PARTIAL PAYMENT TO LATOUR <br />CONSTRUCTION AN)) RELEASE OF RETAINAGE TO SECURITIES AMERICA FOR <br />PROJECT #03-20 NW SANITARY SEWER AND WATERMAINEXTENSION <br /> <br />WHEREAS, the design of this project was authorized by the City Council at their May <br />11 J 2004 regular City Council meeting; and <br /> <br />WHEREAS, a public participation program was authorized py th~. City Council at their <br />December 6J 2004 regular City Council meeting; and <br /> <br />WHEREAS, a public informational meeting was held on February 7, 2005, at Ramsey <br />Fire Station No. 1 which outlined 5 alternative alignments; and <br /> <br />WHEREAS, a Option No.3 was selected and authorized by the City Council at their <br />April 12thJ 2005 regular City Council meeting; and <br /> <br />WHEREAS, on January 10J 2006 City Council adopted Resolution #06-01-011 <br />approving plans and specifications and authorizing advertisemerit for bids; and <br /> <br />WHEREAS, on February 28th, 2006 the Ramsey City Council adopted Resolution #06- <br />02-069 awarding the contract to LaTour Construction; and <br /> <br />WHEREAS, 2nd..partial payment will be paid as such; to LaTour Construction in the <br />amount of $595J093.38 and Securities America for retainage of $31,320.70 fora total payment of <br />$626AI4.08. <br /> <br />WHEREAS, Public Works Director/Principal Engineer, Brian Olson has inspected the <br />completed work and recommend 3rd partial payment to be paid as such: to LaTour Construction <br />in the amount of$IA55J143.03 and Securities America for retainage of $76JS86,47 for a total <br />payment of $IJ531J729.50. <br /> <br />WHEREAS, Public Works Director/Principal Engineer, Brian. Olson has inspected. the <br />completed work and recommend 4th partial paymentto be paid as such: to LaTour Construction <br />in the amount of $IJI37,999.25 and Securities America forretainage of $59, 894.70 for a total <br />payment of $1,197,893.95. <br /> <br />WHEREAS, Public Works Director/Principal Engineer, Brian Qls()l1has inspected the <br />completed work and recommend Sth partial payment to be paid as such: to. ~a:rour. Construction <br />in the amount of $1,01OJ241.47 and Securities America for retainage of$53,170.61 for a total <br />payment of $1,063,412.08. <br /> <br />RESOLUTIq.JS#07..07-166 <br />P3ge~of 3.. . <br /> <br /> <br /> <br />